The Commonwealth Fund is a private foundation based in New York City dedicated to enhancing the common good through improvements to the health care system. Established in 1918 by Anna M. Harkness, one of the first women to start a private foundation, the organization supports independent research on health care issues and makes grants to improve health care practice and policy.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$922.7M
+5.4% YoY
Annual Giving
$31.3M
+19.7% YoY
Grant Count
534
-3.6% YoY
Avg Grant Size
$59K
+24.2% YoY
Mission & Focus Areas
Mission Statement: The Commonwealth Fund's mission is to promote a high-performing, equitable health care system that achieves better access, improved quality, and greater efficiency, particularly for society's most vulnerable, including people of color, people with low income, and those who are uninsured.
Primary Focus Areas:
The Fund's work centers on three core pillars:
- Care: Health care delivery system reform, advancing health equity, and behavioral health
- Coverage: Health care access and insurance coverage issues
- Communications: Using print, broadcast, online, and social media to inform critical stakeholder groups, especially policy officials and leaders in health care delivery
The organization also maintains an international program in health policy designed to stimulate innovative policies and practices in the United States and other industrialized countries.
Grantmaking
The Commonwealth Fund makes grants to support research and initiatives that improve health care practice and policy. Recent grant activity includes funding for:
Ready to take the next step with The Commonwealth Fund?
Geographic Focus
Where this funder awards grants
The Commonwealth Fund funds projects across the United States and internationally. Domestic funding spans numerous states including California, Texas, Florida, and many others, with particular activity in major urban centers such as New York City, Los Angeles, and Chicago. International funding extends to cities including London and Paris.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (Fiscal Year 2025):
- Total Assets: $922.7 million
- Total Revenue: $39.8 million
- Total Expenses: $52.0 million
- Total Giving: $31.3 million
- Number of Employees: 53
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $922,680,894 | $875,566,732 | $864,829,934 |
| Revenue | $39,838,343 | $40,713,328 | $22,299,026 |
| Expenses | $51,961,087 | $48,850,563 | $52,394,916 |
| Qualifying Distributions | $50,785,477 | $43,901,029 | $47,000,796 |
| Net Investment Income | $36,644,134 | $36,682,565 | — |
| Distributable Amount | $43,263,709 | $41,933,817 | $42,756,924 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Commonwealth Fund
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President: David Blumenthal
Compensation Overview
From 2025 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Commonwealth Fund has been active in launching new initiatives and funding programs:
Launched a National Task Force on the Future Role of Employers in the U.S. Health System
The Commonwealth Fund Launches National Task Force on Future Role of EmployersAnnounced funding for AI adoption initiatives in essential hospitals
America\u2019s Essential Hospitals Receives Commonwealth Fund Grant to Support\Supported digital innovation projects at community health centers
Funded research and programs addressing mental health care access, rural health transformation, and telemedicine effectiveness
Commonwealth Fund creates task force on employer-based health insuranceThe organization continues to publish research and policy analysis on health care issues, with recent publications addressing topics such as Medicaid enrollment and work, health care AI implementation, and health equity issues.
Commonwealth Fund creates task force on employer-based health insuranceSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Commonwealth Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities